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JPMorgan Flags AI as a Driver of Rising Unemployment Amid U.S. Recession Concerns

JPMorgan Flags AI as a Driver of Rising Unemployment Amid U.S. Recession Concerns

New York, Saturday, 2 August 2025.
JPMorgan warns that AI-driven automation is increasingly replacing traditional jobs, contributing to a drop in labor demand and signaling potential economic downturns, necessitating business leader vigilance.